Since 2009, airfare has not been this low

Look to the clouds for a bright spot if you’re looking for one. In the United States, at least, the cost of aircraft tickets is at a 15-year low, but the cost of living is rapidly rising and severely impacting groceries and other daily expenses. The average flight is now over 25% cheaper than it was before to the pandemic, according to travel expert Katy Nastro, who tells CNN Business that it “hasn’t been this cheap since 2009.” Since Covid disrupted our world, this is the first complete year of travel that has been “normal.” While Nastro doesn’t anticipate a sharp increase in rates anytime soon, she does issue a warning.


Our guide to the finest nations for expats will help you get started if you’re attracted by new visa programs and tax advantages that encourage families, investors, and digital nomads to start over abroad. For many years, Portugal’s Golden Visa program has been quite popular, and living expenses there are typically lower than in other parts of Europe. Although Katie Meyer, a Californian, moved to the Portuguese beach town of Cascais in 2021, she acknowledges that there are certain things that irritate her.


Although Americans have always considered Mexico to be a great place to retire, more families and remote workers are beginning to make the trip there these days. This list of essentials for your Mexican holiday has been compiled by our partners at CNN Underscored, a CNN product reviews and recommendations guide, in case you’re planning a reconnaissance trip to explore potential relocation to places like Oaxaca, San Miguel de Allende, or Playa del Carmen. Arnold Schwarzenegger, the legendary actor and former governor of California, was arrested last week at Munich Airport and is currently facing criminal tax proceedings for failing to declare a high-end watch from the Swiss watchmaker Audemars Piguet.



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